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Omnidian buys partner's solar O&M business

Solar installation. Author: Dept of Energy Solar Decathlon.

March 9 (Renewables Now) - US solar protection plans provider Omnidian Inc on Monday said it has bought the commercial solar operations and maintenance (O&M) business of local independent engineering services company and partner PV Pros. 

After the acquisition, the company oversees the performance of 1.3 GW of distributed solar capacity, including 200,000 solar homes, it said. The total is equal to about 10% of residential solar photovoltaic (PV) capacity in the country.

Omnidian monitors solar systems and provides a cash-back performance guarantee to homeowners and businesses.

"After working with Omnidian on several fronts, we realized their focused approach to solar performance plans and our focus on IE services would deliver the highest overall level of support and performance to our clients,” PV Pros president Richat Ivins noted.

Omnidian has also appointed a number of former PV Pros key figures to new positions across the company.

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Before joining Renewables Now, Alex was a UK-focused business news reporter. Now she is covering global news from the renewable energy industry with a special interest in M&A.

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